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Cybercriminals Preferring Cryptojacking To Ransomware

A report from IBM X-Force Research concluded that cryptojacking dominated the cryptocurrency cybercrime scene in 2018, overtaking ransomware attacks. Charles Henderson of the IBM X-Force Red, said: “With the extortion racket of ransomware, you lose the customer after one transaction, so it’s a one and done, there’s no recurring revenue-I mean it’s just bad business.”